51380 Preble Way

952 Sq. Ft.
$221 / Sq. Ft.
952
Sq. Ft.
$221
per Sq. Ft.

Description

This property presents a unique investment and development opportunity in the heart of LaPine. Situated on a .29-acre lot with Residential Commercial zoning, this property offers flexibility for a variety of potential uses, including residential redevelopment, mixed-use possibilities, small business use, or continued residential occupancy. The existing home is a fixer with strong upside potential for investors, contractors, or developers looking to rehab, reposition, or maximize the site’s future...This property presents a unique investment and development opportunity in the heart of LaPine. Situated on a .29-acre lot with Residential Commercial zoning, this property offers flexibility for a variety of potential uses, including residential redevelopment, mixed-use possibilities, small business use, or continued residential occupancy. The existing home is a fixer with strong upside potential for investors, contractors, or developers looking to rehab, reposition, or maximize the site’s future use. With its prime in-town location near shopping, restaurants, and everyday amenities, this property offers excellent visibility, accessibility, and long-term potential in one of Central Oregon’s growing communities!
  1. Listed by Kaci Spoor • John L. Scott Eugene

Property Details for 51380 Preble Way

Style
Stories1
Parking Features
Driveway, On Street
View
Territorial
Garage Spaces
.00
Parking Total
.00
LISTING UPDATED: 05/29/2026 01:01 PM

Property Details for 51380 Preble Way

StatusPending
MLS #676741685
Days on Market22
Taxes$1,197 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1951
Lot Size0.29 AC / 12,632 SF
CountyDeschutes County

Location

Listing Courtesy of John L. Scott Eugene
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Building Information for 51380 Preble Way

Stories1Year Built1951Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$1,146 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,046

Property Taxes

$100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 51380 Preble Way

Summary
Location and General Information
  • Accessibility Features: Main Floor Bedroom Bath, One Level
  • Country: US
  • Directions: Hwy 97, turn onto Finely Butte Rd, right onto Preble Way
  • Road Surface: Paved
School Information
  • Elementary School: La Pine
  • High School: La Pine
  • Middle Or Junior School: La Pine
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $1,196.50
  • Parcel Number: 115020
  • Tax Legal Description: 221014CB00700
Property
Lot Information
  • Acres: 0.29
  • Lot Description: Level
  • Lot Size Square Feet: 12632.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
  • SqFt Source: County
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1951
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Gas Stove
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Accessory Dwelling Unit, Fenced, Yard
  • Roof Type: Metal
Interior Features
  • Window Features: Vinyl Frames
  • Fireplace Description: Stove
  • Interior Features: Wallto Wall Carpet
  • SqFt Calculated: 952
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 952
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 2
  • Stories: 1
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Dining Room
  • Room Description: Dining Room
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Free Standing Range, Free Standing Refrigerator
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 2.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 952

Property History for 51380 Preble Way

DateEvent & SourcePriceAppreciation
May 16, 2006

Sold (Public Record)

Public Record #236061758

$98,000
DateEvent & SourcePrice
05/16/2006

Sold (Public Record)

Public Record #236061758

$98,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 51380 Preble Way

Taxable ValueLand-Additions-Total-
Tax Record2025$1,196 ($100 / month)
Home Facts
Beds2Baths1Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built1951CountyDESCHUTESAPN221014 CB 00700Fireplace TypeHas Fireplace

Schools near 51380 Preble Way

This home is within Bend-La Pine Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Rosland Elementary School
PublicK to 5

Lapine Middle School
Public6 to 8

Lapine Senior High School
Public9 to 12

Realms Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Eugene

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/29/2026 01:01 PM